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Gbpusd: rising rapidly
2023-01-09
1024
Basic face analysis:
The British pound maintains a shock near 1.20960 against the US dollar, and the UK's economic downturn will limit the pound to continue to rise. The market expects that with the sharp decline in family living standards and dragging economic activities, Britain will encounter almost the same serious economic atrophy as Russia in 2023.
GBPUSD -4 -hour K -line diagram display:
Technical analysis:
4 -hour charts: The long -headed power rises rapidly, the short -term bullish emotions are shrouded, the market's bulls continue to emerge, the MACD indicators are shifting up at a low level of the short area, and the RSI indicator is on the 50 equilibrium line.
Multi -time turning point: 1.20825
Suppression: 1.21252, 1.21504
Support: 1.20573, 1.20276
Transaction strategy: 1.20825 to see the bullish, target 1.21252, 1.21504
Alternative strategy: 1.20825, go below, target 1.20573, 1.20276
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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